Business Irish

Monday 26 June 2017

Citadel Securities moves to expand in prime Dublin location

Grand Canal Dock in Dublin
Grand Canal Dock in Dublin

Sean Duffy

The largest US equity trader in the United States, Citadel Securities, is to grow its Dublin operation over the next two years.

The company will move into an 18,500 square foot office space at 1 Grand Canal Dock which it will rent for an annual €1.1m, according to The Irish Times.

Citadel Securities said it will ramp up its exchange traded fund activities in Ireland and will expand its front office operation of 25 up to 50 by 2019, the paper said.

Citadel Securities said its decision to come to Ireland was based on the talented labour pool that is available in the country.

The company is to hold a recruitment drive in UCD this coming weekend in which 80 candidates will compete for a share of €25,000 and an interview at the company.

"Citadel Securities is creating high value technology roles and will strengthen our existing position in the ETF market where we are focussed on winning additional investment for Ireland," IDA's Martin Shanahan told independent.ie.

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